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1914 translation by H. Rackham

“But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?”

1914 translation by H. Rackham

“On the other hand, we denounce with righteous indignation and dislike men who are so beguiled and demoralized by the charms of pleasure of the moment, so blinded by desire, that they cannot foresee the pain and trouble that are bound to ensue; and equal blame belongs to those who fail in their duty through weakness of will, which is the same as saying through shrinking from toil and pain. These cases are perfectly simple and easy to distinguish. In a free hour, when our power of choice is untrammelled and when nothing prevents our being able to do what we like best, every pleasure is to be welcomed and every pain avoided. But in certain circumstances and owing to the claims of duty or the obligations of business it will frequently occur that pleasures have to be repudiated and annoyances accepted. The wise man therefore always holds in these matters to this principle of selection: he rejects pleasures to secure other greater pleasures, or else he endures pains to avoid worse pains.”

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President and Chair's Message for 2016

From the day it opened in 1936, operating out of borrowed space in the Seattle Public Library, Inspirus has dedicated itself to giving back to education and the people who make Washington a great place to live, work, play, and learn. Fast-forward 80 years, and we’re giving back more than ever before – not just in value-priced loans and financial services, but in direct gifts to local classrooms.

For 80 years, Inspirus has been giving back to education, and continues to make Washington a great place to learn. In 2016, Inspirus gave $295,646 to education, benefitting thousands of students in hundreds of schools statewide. These givebacks are at the root of Inspirus and is what connects our members statewide.

As Inspirus grows, so do you. In 2016, members found ways to turn their “What if I could … ?” into “Oh yes, I did!” with value-packed new products, inspired by you.

Last year, we launched a new Visa Signature Rewards credit card, bringing great value to our members, with 2% cashback on purchases. We also introduced certificates of deposit, new ways to pay with mobile payments, and an auto loan special, in honor of our 80th anniversary.

People with a passion for education understand the power of building stepping stones to success. Today’s foundations lead to tomorrow’s innovations. Inspirus understands them, too. We’re investing in next-generation technologies, processes, and products so that we, along with you, can continue to grow and succeed.

The Supervisory Committee’s major responsibilities are to ensure an independent audit is performed at least annually and the account balances of the membership are verified. The Committee is pleased to report that for 2016 Inspirus Credit Union is a financially sound organization dedicated to serving its members.

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